Archive for September, 2009

M&As heading towards 20 year low.

Wednesday, September 23rd, 2009

The number of mergers and acquisitions (M&As) is on course to drop to its lowest level since 1992, it has been predicted.

A study by accounting jobs provider Grant Thornton found that 303 M&A deals have been completed since the start of July, 32 per cent less than during the second quarter of this year when the total was 449.

It was 54 per cent lower than the 546 recorded in the third quarter of 2008.